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to everybody in america but the speaker. mr. speaker, get back to ohio and ask some of those families about whether middle-class families should pay higher taxes january 1. the answer's clear. they should not. it is within this power of the speaker john boehner to bring to the floor of the house today, today a measure that passed the senate in july, that will protect families making $250,000 a year or less. what i hear from the speaker is we won't protect middle-class families until you agree to raise the retirement age, the eligibility age for medicare. well, i have said to all who have asked, i believe in entitlement reform. i believe medicare going broke in 12 years is a serious challenge to all of us, but i am loathe to see us make a policy change in medicare in the closing days of this month that we have to live with and can't explain. here's the part you can't complain. if you increase the eligibility age from medicare to 65 to 67, what's a person to do who retires at 63 or 64 with a medical condition? where are they going
to everybody in america but the speaker. mr. speaker, get back to ohio and ask some of those families about whether middle-class families should pay higher taxes january 1. the answer's clear. they should not. it is within this power of the speaker john boehner to bring to the floor of the house today, today a measure that passed the senate in july, that will protect families making $250,000 a year or less. what i hear from the speaker is we won't protect middle-class families until you agree...
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Dec 13, 2012
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the governance of our countrytae and may god continue to blast the united states of america. i yield the floor. >> the senator from indiana. >> i rise today in services ric senator richard lugar and to pat tribute to his legacy. i have served alongside him as the junior senator from indiana during my i tour, to tours of service here in the united states senate. make all of us to seek public service want to make a difference. certainly senator lugar has donl at.loped a at an early age he developed a passion for knowledge and a native of indianapolis, he was valedictorian at short ridge has cool. then and still a distinguished institutionition where knowledgt at the forefront of everythingfr down in a school.s, is also one of our former members, ted stevens, is also a graduate fron short range high-school.ictorian dick lugar went on to become valedictorian in college when he graduated from denison universi university with a degree in a economics. he w college at oxford university as a rhodes scholar and obtained a second pass as degree and aar master's degree in politics, niilo
the governance of our countrytae and may god continue to blast the united states of america. i yield the floor. >> the senator from indiana. >> i rise today in services ric senator richard lugar and to pat tribute to his legacy. i have served alongside him as the junior senator from indiana during my i tour, to tours of service here in the united states senate. make all of us to seek public service want to make a difference. certainly senator lugar has donl at.loped a at an early...
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Dec 12, 2012
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can china take over america? is it already happening under our noses? why one author says absolutely, s. also, ford motor company under fire for misleading customers. it's enough to make your blood boil. we'll weigh in on the hybrids' possible false advertising. possible false advertising. we're on the case next on " twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes invement objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory
can china take over america? is it already happening under our noses? why one author says absolutely, s. also, ford motor company under fire for misleading customers. it's enough to make your blood boil. we'll weigh in on the hybrids' possible false advertising. possible false advertising. we're on the case next on " twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the...
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finally, we have david walker, founder and ceo of the comeback america initiative. he is formally the comptroller general of the united states. he was also the head director of the u.s. government accountability office for almost 10 years. he is widely read and has written numerous articles on the debt and deficit. he has a new initiative which makes tremendous sense. his new group is looking at the efficiencies, inefficiencies, duplications in the government to try to find areas where we can save money without cutting. it is a very interesting initiative, one that you ought to look into and see about supporting. i hope we he will mention it briefly in his comments today. i will turn to the panel and sit-down and we will start discussing hopefully some of these issues. [inaudible] >> the short run problems of the fiscal cliff, but we're going to do with this debt and deficit issue and take time to summarize how we should look at these issues. i will start with david on the far side and move right across. >> thank you for coming. first, there are common denominators
finally, we have david walker, founder and ceo of the comeback america initiative. he is formally the comptroller general of the united states. he was also the head director of the u.s. government accountability office for almost 10 years. he is widely read and has written numerous articles on the debt and deficit. he has a new initiative which makes tremendous sense. his new group is looking at the efficiencies, inefficiencies, duplications in the government to try to find areas where we can...
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. >> we are willing to make sure that everyone in america sacrifices. even though who have been struggling. >> if speaker boehner exercises the leadership and brings in a balanced program, he can pass that don't do it by getting the support of within your own party. you need reach out to democrats. >> to get something through the house and the senate. it's going to take both. the revenue and the spending cuts. >> house members are willing to compromise to avert the fiscal cliff. what are the people at home thinking of their actions. we have a pri view for a poll that debuts tonight. part of that is compromising what folks want to see from the lawmakers. >> a lot of americans want to see compromise. according to the poll, 65% want a compromise balanced deal to reduce the deficit. even if they have to reduce the entitlement program like medicare and social security and the republicans on have to support increase in tax rates for the wealthy. of course you were playing a lot of clips from people open to compromise. it does seem to be the broad parameter th
. >> we are willing to make sure that everyone in america sacrifices. even though who have been struggling. >> if speaker boehner exercises the leadership and brings in a balanced program, he can pass that don't do it by getting the support of within your own party. you need reach out to democrats. >> to get something through the house and the senate. it's going to take both. the revenue and the spending cuts. >> house members are willing to compromise to avert the...
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america's middle-class families don't wt,
america's middle-class families don't wt,
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. >> and get this. 160 ceos from america's biggest companies are also now saying it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall street journal shows 65% want both sides to come together and make a deal. but that's not what's been happening in these talks. president obama made his opening offer, the republicans responded. the president then came back with a counter offer that included some concessions, so far so good. that's how negotiations work. but, then, republicans went the other way. they came back with an offer that was even more out of bounds than the first one. nbc news reports boehner now wants to make the bush tax cuts for the rich permanent. what's he thinking? we're going in the wrong direction in this country when it comes to economic fairness. incomes for the top 20%
. >> and get this. 160 ceos from america's biggest companies are also now saying it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall street journal shows 65% want both...
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we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional
we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you...
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an honest attempt at a gun control conversation that america badly needs. and then contempt as anyone who would speculate about the application of the second amendment. lather, rinse, repeat. today seen through the prison of yet another mass shooting. the 15th this last year. last week seen through the prism of domestic violence after an nfl shot and killed his wife and then himself. we know where it goes. condemnation of the crime, but no political courage to do anything. but if congress were prepared to do something, anything, that would be the best christmas present of all time. jamie and matt were looking for gifts at toys 'r' us. let's see if we can find similar gifts at walmart for less? okay? fisher-price servin' surprises kitchen -- $39.97 on rollback. that's twenty bucks less than toys 'r' us. wow! that's a big difference. would your daughters like it? they'd love it! see for yourself if you could save on the brands you want. walmart. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongesta
an honest attempt at a gun control conversation that america badly needs. and then contempt as anyone who would speculate about the application of the second amendment. lather, rinse, repeat. today seen through the prison of yet another mass shooting. the 15th this last year. last week seen through the prism of domestic violence after an nfl shot and killed his wife and then himself. we know where it goes. condemnation of the crime, but no political courage to do anything. but if congress were...
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you are seeing a glimpse of what the future is like as america gets broker and broker, that you will see people prepared to do all kinds of things out there on the street and in that sense it is what could be a lot worse in two, three, four years, as america slides off the real fiscal cliff into the great abyss of bankruptcy that awaits. it is not going to be pretty. >>neil: but i am not worried, i know you have a christmas cd out, so, at least if we are going to slide down the abyss we could slid down the chimney first and listen to some great music. do you sing in this? >>guest: yes, i sing. i sing. that was a beautiful segue, they should teach that in broadcasting school. i do sing on the album with my pal jessica and a terrific orchestra and it and beautiful music to slide, to plug your ipod in as you go over the cliffally. >>neil: but you do not take christmas tunes and march them to conservative causes like silent night, nothing like that, right? these are songs i actually like like "santa claus is coming to town." we do them in special arrangements, mine holds up against any o
you are seeing a glimpse of what the future is like as america gets broker and broker, that you will see people prepared to do all kinds of things out there on the street and in that sense it is what could be a lot worse in two, three, four years, as america slides off the real fiscal cliff into the great abyss of bankruptcy that awaits. it is not going to be pretty. >>neil: but i am not worried, i know you have a christmas cd out, so, at least if we are going to slide down the abyss we...
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stop beating up on muslims, and understand what america is really about. and it really is about opportunity. and the young people who voted 65% for obama. they would vote republican if it was just on fiscal grounds. they're not going to vote republican the republicans are preaching hate of the people they grew up with and who are their friends. it's just not going to happen. >> governor, i thought this was one of the more outrageous things i heard. scott tranter was speaking at a pew center panel yesterday and this is what he said about voter i.d. laws. >> a lot of us are campaign professionals and we want to do everything we can to help our side, and sometimes we think it's voter i.d. sometimes we think it's longer lin lines. whatever it may be. >> effectively he's saying we may want to double down on disenfranchising voters in order to win. >> this is the fundamental problem with the republican party. it's not entirely clear to me that they believe in democracy. if you think it's okay to reduce the number of people to vote so that your size can win, expl
stop beating up on muslims, and understand what america is really about. and it really is about opportunity. and the young people who voted 65% for obama. they would vote republican if it was just on fiscal grounds. they're not going to vote republican the republicans are preaching hate of the people they grew up with and who are their friends. it's just not going to happen. >> governor, i thought this was one of the more outrageous things i heard. scott tranter was speaking at a pew...
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i just use my bank of america debit or credit card when i pay. and then i get up to 15% cash back... put into my account! i know, right? [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. >>> as the saying goes, second verse same as the first. neither is changing their tune on the cliff just yet. let's bring in the gaggle for wednesday. democratic pollster on the msnbc contributor. the national reviews, robert costa who is a contributor for msnbc and the kudlow report. welcome all. you are in the jump seat and i will give you the first chance at this. you did this interview with tom price. it's about this idea that some conservatives may try to make baper's life so uncomfortable they could challenge him for the speakership. it's clear he doesn't have the votes for any of this, but how series is boehner taking it and how much of it is impacting the negotiations? >> it's a great question. the tension within the house republican conference is very real. tom pri
i just use my bank of america debit or credit card when i pay. and then i get up to 15% cash back... put into my account! i know, right? [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. >>> as the saying goes, second verse same as the first. neither is changing their tune on the cliff just yet. let's bring in the gaggle for wednesday. democratic pollster on the msnbc contributor. the national...
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because this is america. and we don't just make things you want,
because this is america. and we don't just make things you want,
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i don't want a deal if it is just the same old deal that is not good for america. neil: do you worry, as i guy has been around the neck of the woods for a few years, that republicans are losing their verve. some more conservative members have said we lost an election but we did not lose everything that we stand for, yet, everything i hear talked about, are concessions on part of the republicans about revenues, but not so much about spending cuts, where does that put us. >> if we lose our core principle, reigning in spending and creating, be the job creators we'll lose our way the republicans. neil: you don't see the makings of a deal? we're tries to get a sense of the structure right now. you have to have the broad outline of the deal within a couple of days, anything later, gets to belongisticly -- logistically impossible to be done by the end of the year. >> i think you are right oif there is an agreement, it will take days to work it through, details. neil: you know. republicans get blame, if we tall off this cliff. do you agree with that? >> i'm not sure. i thi
i don't want a deal if it is just the same old deal that is not good for america. neil: do you worry, as i guy has been around the neck of the woods for a few years, that republicans are losing their verve. some more conservative members have said we lost an election but we did not lose everything that we stand for, yet, everything i hear talked about, are concessions on part of the republicans about revenues, but not so much about spending cuts, where does that put us. >> if we lose our...
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> as president obama's first term comes to a close, one might look back on the landmark policies he enacted. financial reform, a health care plan, the rescue of the american auto industry, the winding down of the wars in iraq and afghanistan. one might look at one of those and sigh as in there's no way he's going to get anything done in the next four years. between rounds of the boxing match that is the fiscal curb. now content republicans have issu
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [...
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Dec 12, 2012
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america's natural gas... putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases. girl, i been put'n'em for as long as i can remember. [ male announcer ] how do you get your bounce? [ woman ] sheets, i put'em! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at cit
america's natural gas... putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases....
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republicans fighting those hikes, say that one of the victims would be america's small businesses. >> people need to call him and ask him the question are you also talking about the small business folks. >> if you look at what he's doing, as jon kyl mentioned, raising taxes on small businesses -- >> so we hear that all the time, small business, small business. but would the president's plan really take a dent out of what we think of as mom and pop shops? joining me now is glenn kesler of the "washington post" fact check. great to have you here. speaker boehner made a similar claim about small businesses recently and you guys gave him criticism on this. how many mom and pop shops could see higher taxes under the president's plan? >> it's not really a lot. in terms of -- part of the problem is the way people manipulate the data but it's only about depending how you look at it, 3% to 7% of small businesses, people would think of as small businesses, are actually -- would actually be affected by the president's plan to raise tax rates on people making more than $250,000 a year. >> let's t
republicans fighting those hikes, say that one of the victims would be america's small businesses. >> people need to call him and ask him the question are you also talking about the small business folks. >> if you look at what he's doing, as jon kyl mentioned, raising taxes on small businesses -- >> so we hear that all the time, small business, small business. but would the president's plan really take a dent out of what we think of as mom and pop shops? joining me now is...
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or is this really the end of real powerful unionism in america? joining us now is mary kay henry, president of the service employees international union who is born and raised in the great state of michigan. miss henry, thank you very much for taking the time. >> glad to be with you, ezra on this incredible day for working people all across the nation. >> so tell me what is incredible about it. what comes next, not just in michigan, but for american labor? >> i think you just told the story beautifully. i understand there were two 90-year-old flint sit-down strike areas the rally in lansing today. and they stood up in the 1930s to build the american middle class, as we once knew it in the '50s and '60s in this country. and since 1972, workers have been losing wage gains that were won when 30% of us had the right to bargain and lift wages for everybody. and i think snyder is action both decides that michigan needs to become a low wage economy, where you have to string together three jobs in order to make ends meet, and eliminate the remaining middl
or is this really the end of real powerful unionism in america? joining us now is mary kay henry, president of the service employees international union who is born and raised in the great state of michigan. miss henry, thank you very much for taking the time. >> glad to be with you, ezra on this incredible day for working people all across the nation. >> so tell me what is incredible about it. what comes next, not just in michigan, but for american labor? >> i think you just...
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you cannot solve america's problems. you cannot leave the kind of country behind for our children and grandchildren that our parents left behind for us until you make the entitlement programs meet the demographics of our country. we have known that for years. when are we ever going to make those kind of decisions? we will have another opportunity later, when the debt ceiling issue arrives. when are we going to make this decision? that is our question. this whole discussion -- and admittedly, the president has some advantages, being one messenger. you would think this whole discussion was about nothing other than raising the top two has tax rates. -- two tax rates. that has literally nothing to do with solving the problem. i have been waiting for the president to become serious about solving the problem. i do not know when he is going to become serious. it sounds to me like we are running out of time. we will take our cues from the speaker as to when they are able, if they are able, to reach some kind of agreement. >> the
you cannot solve america's problems. you cannot leave the kind of country behind for our children and grandchildren that our parents left behind for us until you make the entitlement programs meet the demographics of our country. we have known that for years. when are we ever going to make those kind of decisions? we will have another opportunity later, when the debt ceiling issue arrives. when are we going to make this decision? that is our question. this whole discussion -- and admittedly,...
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labor organizers across the country and across north america are promising to fight. first, governor schneider is up for re-election. they can go after him that way. he will have to win back workers to get near the statehouse in 2014. there's also something called a statutory initiative. activists would need to collect signatures to get a new law past. those are long-term strategies, for now. but the lame duck republicans, you have to give them credit, they are succeeding. they lost eight seats in the november election. they knew they had to force this legislation through now. >> why shut people out? why did we do this? because good ideas get debated and bad ones get rammed through with police protection. >> i rise in opposition to this legislation as the wife of an organized police officer. it is because of his union that he's provided a bullet proof vest. it is because of his union, mr. speaker, that you and i feel safe today on the house floor. >> i object to this -- to this legislation proposed legislation. i object to the process in which it is being put before t
labor organizers across the country and across north america are promising to fight. first, governor schneider is up for re-election. they can go after him that way. he will have to win back workers to get near the statehouse in 2014. there's also something called a statutory initiative. activists would need to collect signatures to get a new law past. those are long-term strategies, for now. but the lame duck republicans, you have to give them credit, they are succeeding. they lost eight seats...
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market, he goes with people he trusts which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better of
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the...
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. "this is george. he is a good little monkey and always very curious. one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] ♪ ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20th for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holi
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. "this is george. he is a good little monkey and always very curious. one day george got an important letter. he's built a rocket ship to travel into...
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Dec 12, 2012
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CSPAN
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once again, two different societies in america. since 1990, life expectancy for the least educated whites has decreased, decreased by four years. and now the argument is that we can increase the medicare eligibility age to 67 because people are living longer. hello? who is living longer, those who have higher incomes. those who don't, those who work with their hands, whether they are a made cleaning a hotel room, a farmer or a coal miner or any other task which is labor-intensive and physical labor-intensive. by the time they are at 65, their body is broken and to deny them the opportunity, i can tell you everybody i meet who's not 65, wants to live long enough to get to 65 and medicare. and so for our republican friends, their principal negotiator has put on the table, the speaker of the house has put on the table, let's raise the eligibility age. january, you were talking about this earlier. this is a fundamental dichotomy in how we value our seniors, how we value each other, how we are compassionate. ms. jackson lee: can i say o
once again, two different societies in america. since 1990, life expectancy for the least educated whites has decreased, decreased by four years. and now the argument is that we can increase the medicare eligibility age to 67 because people are living longer. hello? who is living longer, those who have higher incomes. those who don't, those who work with their hands, whether they are a made cleaning a hotel room, a farmer or a coal miner or any other task which is labor-intensive and physical...
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Dec 12, 2012
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others remember when union supporter martin luther king, seen here, marched with one of america's most accomplished labor leaders, walter ruther, seen here with his hand on king's arm. >> you're young, aren't you? ruther. >> today's protests are reminiscent of an eight decade old fight. in the coming months, that fight could turn into a citizens initiative, repeal, lawsuits or even a recall of elected officials. michigan's law goes into effect in a little over three months. >> do we have any indication because obviously this is a movement, which states might be next? >> take a look at michigan, seen as the center of the labor movement. even the top four union members states could be at risk. at the top you have new york with one in four workers a union member, followed by alaska, hawaii and washington. the number you see on the screen right here, which is the advocacy money, that could be what's changing these traditional union states. according to the nation, we look at those numbers from 2008 to 2011, right to work money was $18 million. pro-union, just $2 million. >> thanks so much.
others remember when union supporter martin luther king, seen here, marched with one of america's most accomplished labor leaders, walter ruther, seen here with his hand on king's arm. >> you're young, aren't you? ruther. >> today's protests are reminiscent of an eight decade old fight. in the coming months, that fight could turn into a citizens initiative, repeal, lawsuits or even a recall of elected officials. michigan's law goes into effect in a little over three months. >>...
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Dec 12, 2012
12/12
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FBC
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it is the number one asset in america. [talking over each other] charles: if people feel better and they start to spend money look at how much credit card debt has come down. he wants people to invest. does anyone really think that if interest rates are one tick lower we would get a surge harks back. [talking over each other] >> the big thing is they are going whole hog on buying treasuries. operation twist was exchanging one form of bond for another. they have run out of short-term treasuries. this is pure execution of the debt. the giant suction sound you are hearing. >> we have seen a stock market that has been somewhat artificially propped up by this week u.s. dollar. are people going to want to own stocks with this very weak dollar. it has not been fundamentally changing the economic environment in this country. dennis: the idea that stocks are now in a stock bubble when we are still not at the october 7 levels. the earnings multiple -- for 20 years it was at about 20. this is not a stock market bubble. >> he is not d
it is the number one asset in america. [talking over each other] charles: if people feel better and they start to spend money look at how much credit card debt has come down. he wants people to invest. does anyone really think that if interest rates are one tick lower we would get a surge harks back. [talking over each other] >> the big thing is they are going whole hog on buying treasuries. operation twist was exchanging one form of bond for another. they have run out of short-term...
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Dec 12, 2012
12/12
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CURRENT
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well 30 years ago marked the major beginning of the decline of unionization in america. since the year 2000, the median wage is now 8% below adjusted for inflation what it was then and the attack on labor unions continues. right now in contrast to the 1950s, 1960s and early 1970s when more than a third were labor unions, right now fewer than 7% of workers are unionized. yet apparently that's still too much for the radical right for the billionaires, for the koch brothers, for sheldon adelson and others who have been fighting unions for years. they now in the heartland in michigan with republican majority, in a lame duck session of the michigan legislature they are pushing through anti-union so-called right-to-work legislation. >> eliot: look we certainly don't want to appear as though we're ignoring the other multitude of factors that relate here. technology globalization. as you point out as the percentage of workers in unions has dissipated. only 7% are in unions in the work force the power of unions has withered and the negotiating power of workers has diminished comp
well 30 years ago marked the major beginning of the decline of unionization in america. since the year 2000, the median wage is now 8% below adjusted for inflation what it was then and the attack on labor unions continues. right now in contrast to the 1950s, 1960s and early 1970s when more than a third were labor unions, right now fewer than 7% of workers are unionized. yet apparently that's still too much for the radical right for the billionaires, for the koch brothers, for sheldon adelson...
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Dec 12, 2012
12/12
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guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns, but in my opinion, it's no more unlimited than the right of free speech which has limits. so i've supported, for instance, bans on the automatic weapons and for a while we've been trying to close what's called the gun show loophole. if you go in a store, it's pretty regulated now, to buy a gun at a regular gun shop there's a check done on you and national computer file of criminal records or if you can mental health records or indications of violence. if you go to a gun show, you don't have to do that. that's a problem. it's even a problem related to homeland security because some terrorists
guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns,...
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Dec 12, 2012
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i call it not the democratic caucus but america as caucus. i'm very proud of that and the things that we were able to accomplish. it's always good to see a new come in, the caucus is where you hold a leadership responsible for what their agenda and goals are throughout the year. xavier and joe i think will do a very good job. host: representative john larson leaving the chairmanship of the democratic caucus but not leaving congress. getting ready to start his eighth term in representing connecticut's first district. if thanks for your time. you're welcome. host: we will be looking at social security, next. stephen ohlemacher will join us, followed by roundtable discussion. first news update from c-span radio. >> its data clock 33 eastern. defense secretary leon panetta is in afghanistan today. in remarks to about 100 u.s. service members inside an aircraft hangar at a desert base, he thanked them for their service and emphasized that the u.s. is winding down its involvement in the war. he also said that president obama will decide in the next
i call it not the democratic caucus but america as caucus. i'm very proud of that and the things that we were able to accomplish. it's always good to see a new come in, the caucus is where you hold a leadership responsible for what their agenda and goals are throughout the year. xavier and joe i think will do a very good job. host: representative john larson leaving the chairmanship of the democratic caucus but not leaving congress. getting ready to start his eighth term in representing...
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Dec 12, 2012
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i'm going to america. vamos miami. mcafee. wow. time for the daily fiscal cliff update as much as i am bored to tears with this story. bored. bored horrible. they will get something done. or they're not. tenth days from potential economic crisis leading republicans warn lawmakers no one is leaving washington, dc, for the holidays, until a deal is done. that would probably include wendell. who is the grinch? >>reporter: house majority cantor who is predicting lawmakers may stay until christmas and come back between christmas and new years. doesn't seem to have been much progress since the first post election face-to-face talks between the president and speaker boehner on sunday but aides say the president is eager for a compromise but at the same time they defended his public prediction that speaker boehner will give up trying to extend the public administration's upper income tax cuts. >> the president predicted the speaker boehner would not want to hold a position and that republicans in general would not want to maintain a positi
i'm going to america. vamos miami. mcafee. wow. time for the daily fiscal cliff update as much as i am bored to tears with this story. bored. bored horrible. they will get something done. or they're not. tenth days from potential economic crisis leading republicans warn lawmakers no one is leaving washington, dc, for the holidays, until a deal is done. that would probably include wendell. who is the grinch? >>reporter: house majority cantor who is predicting lawmakers may stay until...
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Dec 12, 2012
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it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. darrell hasn't been able to visit his mom back east in a long time. [ mom ] things are sometimes a little tight. i wasn't able to go to the wedding. [ emily jo ] since darrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you. [ male an
it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. progresso. in what world...
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Dec 12, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesica
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when...
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Dec 12, 2012
12/12
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KQEH
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this is america. it's us." and he believed that. today, you see so many people in congress who really see government as the enemy, who are unwilling to come together to do even the most basic things like pay our bills. and you can't survive that way. so, the intellectual basis of conservatism seems to have disappeared. the idea that you would, you know, go to war or that you would create a program or whatever else, and not pay for it, was the most anti-conservative thing you could imagine. >> are there any reasons to be against big government? >> oh, sure there are. sure, there are. government can be too big. it can be too expensive. it can regulate too much. sure, it can. but at some point, you push as hard as you can, if you're a conservative, to make government smaller, to make taxes lower. but you can't get it all. you can't win everything all in one fight, because we're a big country and a lot of different views. and you have people on the left and the right who are so full of certitude and so unwilling to budge on what they th
this is america. it's us." and he believed that. today, you see so many people in congress who really see government as the enemy, who are unwilling to come together to do even the most basic things like pay our bills. and you can't survive that way. so, the intellectual basis of conservatism seems to have disappeared. the idea that you would, you know, go to war or that you would create a program or whatever else, and not pay for it, was the most anti-conservative thing you could imagine....
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Dec 12, 2012
12/12
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CNNW
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apply online or at a bank of america near you. but when i was in an accident... the bankamericard cash rewards card. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade.
apply online or at a bank of america near you. but when i was in an accident... the bankamericard cash rewards card. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant...
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Dec 12, 2012
12/12
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KGO
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perhaps no place in america more closely associated with unions than the state of michigan. and today, thousands of union workers descended on the capital to protest a new law they believe could be an ominous signal for unions and worker paychecks everywhere. here's abc's alex perez. >> reporter: the anger boiling over. officers turning to pepper spray to control the crowd at least 10,000 deep. but it wasn't enough. michigan republican lawmakers approving landmark legislation, lifting the requirement that workers in unionized workplaces pay union dues. an army of officers have been guarding the governor's office all day. some of these demonstrators have been here since 5:00 this morning. the republican governor has signed the law. >> with a stroke of a pen, take our rights away. it's offensive. >> reporter: supporters call it right to work, but unions say it's nothing less than an effort to cut their bargaining power. less dues means less influence. the afl-cio says the average worker in right to work states earns $1,500 less than workers in states without those laws. >> the
perhaps no place in america more closely associated with unions than the state of michigan. and today, thousands of union workers descended on the capital to protest a new law they believe could be an ominous signal for unions and worker paychecks everywhere. here's abc's alex perez. >> reporter: the anger boiling over. officers turning to pepper spray to control the crowd at least 10,000 deep. but it wasn't enough. michigan republican lawmakers approving landmark legislation, lifting the...
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Dec 12, 2012
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we're here for the children of america, for the grandchildren of america. i guess i have a more selfish motive. i'm here for my four children. age 6 and under. abbey, ava, anna and tucker. each of them individually currently owns a share of our national debt. at $50,000 is the current tally. within a few years that will be roughly a $70,000 per child tab that they're going to have to pay off in the future. this is simply unacceptable. this is one of the reasons so many of us ran for congress, is to solve these very issues. we can't tax our way out of this challenge. taxes alone will just not cut it. i think instead we need a balanced approach. we need to both control spending and we need to increase the rate of economic growth in this country. when i say control spending, i'm prepared to put absolutely everything on the table and have an honest dialogue with my colleagues on both sides of the aisle. and we need to increase the rate of growth so we can grow more taxpayers in this country. and one way we do that is by simplifying our mind-numbingly complicate
we're here for the children of america, for the grandchildren of america. i guess i have a more selfish motive. i'm here for my four children. age 6 and under. abbey, ava, anna and tucker. each of them individually currently owns a share of our national debt. at $50,000 is the current tally. within a few years that will be roughly a $70,000 per child tab that they're going to have to pay off in the future. this is simply unacceptable. this is one of the reasons so many of us ran for congress,...
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america, he said, dictated to other nations. no, mr. president, america has freed other nations from dictators. >> you like if way he gets a little lack ri moes? he gets teary-eyed. >> no apology. no tour. the only thing that the democrats were saying when they came in, what obama was saying, look, george bush alienated a lot of our friends and enemies. we've got to get back only a path where the united states is in a better place, vis-a-vis the rest of the world. nothing like an apology tour. and, by the way, president obama did, in fact, take out some dictators himself. >> that's the one that strikes me, michael. i think he was setting that up as a predicate. he was going to be one of these american exceptionalists that went around saying we're always right, you're always wrong. get out of the way. i thought it was war talk. >> yeah, romney's foreign policy message never made a lot of sense. his message essentially seem today be i'm going to talk tougher. i'm somehow going to twist putin's arm a little bit harder. it was very tonal. t
america, he said, dictated to other nations. no, mr. president, america has freed other nations from dictators. >> you like if way he gets a little lack ri moes? he gets teary-eyed. >> no apology. no tour. the only thing that the democrats were saying when they came in, what obama was saying, look, george bush alienated a lot of our friends and enemies. we've got to get back only a path where the united states is in a better place, vis-a-vis the rest of the world. nothing like an...
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Dec 12, 2012
12/12
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CNBC
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we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a key part here. what targets are you looking at and what's funding like for purchases you want to make? >> we have a cash position of close to 400 million u.s. dollars. and we have a deficit stimulus side. basically we don't have debt. we can finance, as well. but we have cash flows. so there's no worry about the cash. >> okay. >> yeah. i was going to -- in terms of extending the brands, how do you embrace the digital arena here in things like ebooks and -- >> yes. we just started amazon.com program with mr. man and little miss. it's really since jettic. especially the small kids
we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a...
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she's working for bank of america. he's working for another banking outfit. >> brian: why are you blocking for jane? why can't jane answer? >> because she's our guest. >> brian: unbelievable! he doesn't block for kissinger. he blocks for jane. >> gretchen: he'll be a diplomat after "30 rock." great to see you. >> steve: merry christmas. >> merry christmas. >> gretchen: next, why are these fema trailers sitting empty while thousands of super storm sandy victims remain homeless? >> steve: then the war in afghanistan far from over. there are 68,000 men and women still there and there is something simple that you can do to make sure that they are not forgotten. we'll show you next. ♪ [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. y
she's working for bank of america. he's working for another banking outfit. >> brian: why are you blocking for jane? why can't jane answer? >> because she's our guest. >> brian: unbelievable! he doesn't block for kissinger. he blocks for jane. >> gretchen: he'll be a diplomat after "30 rock." great to see you. >> steve: merry christmas. >> merry christmas. >> gretchen: next, why are these fema trailers sitting empty while thousands of super...
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Dec 12, 2012
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CNNW
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america deserves better. our children deserve better. and that's why we're not just after the quick fix. we're after a real fix. we want -- this is our moment to lay out that framework, to address tax reforms, to address the spending reforms that america -- >> and that is kathy mcmorris rogers, another republican ranking member. house speaker john boehner spoke first and it was very important. here's what he said. the president's plan does not fulfill what he calls a balanced approach to ending the fiscal cliff. tax hikes, increases, that's what he says this all amounts to for the president, increases in taxes, and he is not trying to reduce spending, and that's important to the republicans. he said for five weeks -- this is according to john boehner -- he's been reaching out to the president but the president has not given a serious proposal. then eric canter echoing those sentiments as well. and if we do go over the fiscal cliff, many in the polls will blame republicans. so after the phone call last night, this is all about messaging,
america deserves better. our children deserve better. and that's why we're not just after the quick fix. we're after a real fix. we want -- this is our moment to lay out that framework, to address tax reforms, to address the spending reforms that america -- >> and that is kathy mcmorris rogers, another republican ranking member. house speaker john boehner spoke first and it was very important. here's what he said. the president's plan does not fulfill what he calls a balanced approach to...
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Dec 12, 2012
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. >>> back here at home, michigan is now the 24th state in america with a right-to-work law. despite protests of angry union supporters, state lawmakers passed the legislation. this means both private and public workers do not have to pay union fees. and republican governor rick snyder quickly signed the bills, calling them "pro worker" and "pro michigan," but opponents say the move weakens organized labor and will mean lower wages. >>> last night on "politics nation," democratic congressman gary peters of michigan told the reverend al sharpton that governor snyder did an about face on this issue. take a listen. >> it is particularly hard to explain, because we had a governor who repeatedly said that this was not on his agenda, this would be very divisive for our state. he continually said that for a couple years, and then immediately after the election had a really sharp about-face and then just jammed it through without, as you mentioned, without any hearings or public input. i was able to meet with him with other members of the congressional delegation. he sat and listened
. >>> back here at home, michigan is now the 24th state in america with a right-to-work law. despite protests of angry union supporters, state lawmakers passed the legislation. this means both private and public workers do not have to pay union fees. and republican governor rick snyder quickly signed the bills, calling them "pro worker" and "pro michigan," but opponents say the move weakens organized labor and will mean lower wages. >>> last night on...
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Dec 12, 2012
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piers morgan is going to take on the topic of gun rights and gun violence in america tonight. y, ♪ questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> on the rare occasion that there is promising news in the field of cancer treatment, we sit up and we take notice. sometimes it's just baby steps, but sometimes it is jaw-dropping news. like in the case of emma whitehead, a seven-year-old girl who last year was on the brink of dreath. battling leukemia, doctors tried over and over for two years to treat h
piers morgan is going to take on the topic of gun rights and gun violence in america tonight. y, ♪ questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel...
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Dec 12, 2012
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CURRENT
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[ laughter ] >> stephanie: mitch mcconnell received the dubious honor of being named america's most unpopular senator! isn't that something. [ applause ] according to nau poll, 55% disapproval rating in kentucky. 37% approval rating. kentucky democratic voters express their disa desire to see ashley judd run in the primaries for 2014. rock on, girl. nay-sayer that you are expressed you didn't think that's going to happen but they just did -- i can't remember what you call it. whatever, you know. preliminary polling. judd trails him 47% to 43%. nothing has even happened yet. >> but she hasn't actually campaigned or made speeches. that's just sheer name recognition. >> stephanie: it is a great start against the minority leader. i think it's awesome. >> well, you know. >> stephanie: i say rock on! i just like the fact he's starting to sound more and more like jim's impression of him. >> i'm not exactly going to run again. it's more of a slow crawl. >> stephanie: exactly. he doesn't even -- he can't even run is the point. how hard would it be for ashley judd to catch him? she's in great shape. >>
[ laughter ] >> stephanie: mitch mcconnell received the dubious honor of being named america's most unpopular senator! isn't that something. [ applause ] according to nau poll, 55% disapproval rating in kentucky. 37% approval rating. kentucky democratic voters express their disa desire to see ashley judd run in the primaries for 2014. rock on, girl. nay-sayer that you are expressed you didn't think that's going to happen but they just did -- i can't remember what you call it. whatever,...
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we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far more complicated than saying how you should do it. the real issue, i haven't looked at it for a long time, is regional. it costs a lot more to heat your home in michigan than it does in north dakota, because there's more coal in north dakota. hydroelectric is cheaper in maine. how do you do it that's fair to americans. you pay so much for energy and they pay a lot less elsewhere. how do you do it so it's fair. it's complex, but i think it can be done. >> housing policy. this is a piece of potentially a grand bargain. if we reduce the mortgage deduction, what happens? >> well, you say reduce it. first of all, i think it's already limited to $1 million, there's a cap on what you can deduct. it depends on how
we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far more complicated than saying how you should do it. the real issue, i haven't looked at it for a long time, is regional. it...
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america's energy boom and prices at the pump. and the fastest internet speed out there, all that coming up. but first, your money is getting cheaper every day. here's why. the federal reserve is like a car with no steering wheel, has a gas pedal and brakes. to apply the gas to the economy, the fed lowers interest rates making it cheaper for companies and individuals to borrow money that they can then spend or invest, hopefully in ways that stimulate the economy. four years ago the fed lowered its rates to near zero, that puts the prime rate which is always 3 percentage points higher at about 3%. still, the economy didn't move at a good enough clip, so the fed turned to other options. the latest was what was come to known as qe-3 or the third installment of quantitative easing. that's just a fancy way of saying they're printing more money to get into the system, a lot more money, rather than just swapping existing money for bonds with major banks. today, the fed says it will pump even more money into the economy in 2013. >> the co
america's energy boom and prices at the pump. and the fastest internet speed out there, all that coming up. but first, your money is getting cheaper every day. here's why. the federal reserve is like a car with no steering wheel, has a gas pedal and brakes. to apply the gas to the economy, the fed lowers interest rates making it cheaper for companies and individuals to borrow money that they can then spend or invest, hopefully in ways that stimulate the economy. four years ago the fed lowered...
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Dec 12, 2012
12/12
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whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think there's the seed of a political compromise is say, let's actually strengthen social security and strengthen medicare, but for people who really need those programs. and then slow down the rate of growth for everybody else. we ought to be able to agree on that right and left. >> glenn, great to see you. or apologies for the set snafu there. >> don't worry. good to be with you. >> glenn hubbard. >> good to be with you. >> lloyd blankfein will speak live here from new york. we'll bring it to you as it happens. that should be just after 11:00 eastern exclu
whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think...
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Dec 12, 2012
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this is about democracy and about america. also want to say for economic development, governor snyder was just bragging yesterday 144,000 jobs since he's been governor. most of those created by the auto industry through collective bargaining. we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just union workers but workers, all workers throughout the state. and you know, chris, and i know, in right to work states, average income is down, average wages is down, not as much pension or retirement security is in union states, less spending on k through 12 education, less spending on infrastructure. why? because workers make less, less tax revenue coming in. right to work is bad for americans. >> why do people like the koch brothers oppose unionization, mr. hagerstrom? >> unions will continue to thrive and to go forward. this gives in
this is about democracy and about america. also want to say for economic development, governor snyder was just bragging yesterday 144,000 jobs since he's been governor. most of those created by the auto industry through collective bargaining. we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just...